BARRATT DEVELOPMENTS PLC ORD 10 – Consensus Indicates Potential -23.3% Downside

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BARRATT DEVELOPMENTS PLC ORD 10 with EPIC code (LON:BDEV) have now 12 analysts in total covering the company. The target price ranges between £7.44 and £4.7 and has a mean target at £6.09. With the shares previous close at £7.95 this now indicates there is a potential downside of -23.3%. The 50 day MA is £7.45 while the 200 day moving average is £6.50. The company has a market cap of £8b. Visit the company website at: http://www.barrattdevelopments.co.uk

Barratt Developments plc engages in the housebuilding and commercial development businesses in Great Britain. It acquires and develops land; plans, designs, and constructs homes, apartments, penthouses, and communities; and retail, leisure, office, industrial, and mixed-use properties. The company offers homes under the Barratt Homes, David Wilson Homes, and Barratt London brands. It is also involved in the commercial development activities under the Wilson Bowden Developments brand. The company was founded in 1958 and is headquartered in Coalville, the United Kingdom.

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